Where is it more expensive to buy a house in Portugal? The top 5 of the most expensive municipalitie
Lisbon is the municipality where buying a house in Portugal has the most expensive square meter in the country. The owners of the capital ask, on average, 4,898 euros per square meter (euro/m2), according to a study by the idealista, released this Monday. The ranking of the five most expensive municipalities follows then with Cascais (3,691 euros/m2), Grândola (3,376 euros/m2), Loulé (3,026 euros/m2) and Porto (3,026 euros/m2). For less than 3,000 euros per square meter, Oeiras tops the list, where a square meter costs 2,997 euros. With more margin, then, are the municipalities of Lagos (2,699 euros/m2), Lagoa (2,672 euros/m2), Sesimbra (2,545 euros/m2), Albufeira (2,438 euros/m2), Matosinhos (2,373 euros/m2), Odivelas (2,208 euros/m2) and Tavira (2,199 euros/m2). The table follows with the district of Lisbon, more precisely Loures (2,179 euros/m2) and Amadora (2,170 euros/m2). Next are the municipalities of Portimão (2,108 euros/m2), Almada (2,073 euros/m2), Silves (2,039 euros/m2), Vila Real de Santo António and Faro (2,029 euros/m2 in both municipalities), Funchal ( 2,018 euros/m2) and Olhão (2,004 euros/m2). In the last three places in the ranking are the municipalities of Espinho (2,002 euros/m2), Alcochete (1,968 euros/m2) and Nazaré (1,957 euros/m2). The most expensive municipalities in each district The study carried out by the idealista also found the most exclusive locations in each district of Portugal. In addition to the districts with municipalities in the top 25 positions, the list is complete with Montemor-o-Novo in Évora (1,890 euros/m2), Coimbra (1,736 euros/m2), Esposende in Braga (1,564 euros/m2), Odemira in Beja (1,500 euros/m2), Viana do Castelo (1,238 euros/m2) and Vila Real (1,165 euros/m2). On the contrary, at the bottom of the table, Guarda is the municipality in this list where it is cheaper to buy a house: 713 euros/m2. This is followed by Ponte de Sor in Portalegre (735 euros/m2), Castelo Branco (796 euros/m2), Mirandela in Bragança (828 euros/m2), Benavente in Santarém (1,105 euros/m2) and Viseu (1,111 euros/m2 ) as the most expensive municipalities in each district.